Stocks in the news: ICICI Bank, Cipla, Adani Wilmar, Delhivery and Canara Bank
The global rating agency Moody's Investors Service has upgraded the baseline credit assessments of ICICI Bank and Axis Bank, reflecting improvements in credit fundamentals, particularly asset quality.
Chart Check: This smallcap nearly doubled investor wealth in 2022! Why it's a good buy-on-dips stock
The small-cap stock with a market capitalisation of nearly Rs 1,300 crore hit a 52-week high of Rs 1,850 earlier on May 9. The stock has been taking support near the Rs 1,645 levels in May.
Biggest gainers & losers of the day: Future Group stocks rally, Biocon drops 11%
The 30-share pack Sensex rallied 388.76 points or 0.70 per cent to 56,247.28. Its broader peer, Nifty50, surged 135.50 points or 0.81 per cent to 16,793.90.
ZFW Hospitality enters Mumbai to scale 15 brands with 50 Dark Kitchens
ZFW Hospitality is a hyper-local expansion platform for food and beverage (F&B) and direct-to-consumer brands. This expansion will help the platform scale up to the 100-store mark by August. This expansion will help the platform scale up to the 100-store mark by August.
Vaccine or ice-cream, TESSOL ensures optimal temperature during last-mile delivery
TESSOL's innovations for long-distance and last-mile movement of pharma products have come at an opportune time for the country, given the need to transport vaccines safely.
Angel Broking names 5 smallcap FMCG stocks with high growth potential
Small-cap shares are among the top return-yielding investment options. They have the potential to emerge as ‘multi-baggers’ by generating returns over 100%.